Bernie Sanders: “The top 1% owns more wealth than the bottom 93%.”

“Well, what I know is that today we have more income and wealth inequality than we have ever had in the history of this country. Much worse than the so called Gilded Age. And I know that at a time when The top 1% owns more wealth than the bottom 93%. when people like Bezos and Musk own more wealth than, you know, so many Americans combined, Musk himself owns more wealth than the bottom 53% of American households.” (05:55–06:13)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.